North Dakota Income Tax Credit
State Tax Credit for Planned or Deferred Gifts:
Individuals may receive a state tax credit for a planned gift (e.g. charitable remainder trusts, charitable gift annuities, life insurance policies, etc.) to a qualified ND charitable non-profit or a qualified ND endowment. The tax credit is 40% of the charitable deduction allowed by the IRS up to a maximum credit of $10,000 per year per taxpayer or $20,000 per year per couple filing jointly.
Disclaimer: This page is intended to provide information of a general nature only. It should not be construed as legal, tax or financial advice. Please seek out tax and legal advice from your own professional advisor.
